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Bankia insurance business taken over by Caixa Bank from Mapfre
Spanish insurer Mapfre said that it had sold its stake in Bankia’s insurance business to Caixabank in a 571 million-euro ($645.12 million) deal. This is although...
$61.5 MLN fined by StanChart for misreporting liquidity position
The Bank of England said that it was fining Standard Chartered 46.55 million pounds ($61.51 million). This is for misreporting its liquidity position to the regulator...
Renault’s China JV with brilliance
Renault confirmed a report that its joint venture with Chinese carmaker Brilliance Auto Group had run out of cash. Hence, they are heading for...
New solutions are needed for new threats
Threat-actors are constantly developing new threats. Also, there are more creative ways to breach an organisation’s network. In the past two years an onslaught...
British banks lift FTSE 100 after BoE raises rate
Shares in British banks rallied, lifting the blue-chip FTSE 100. This is after the Bank of England stunned investors with an interest rate hike. This is the...